Tag: SAMA
Stc pay to transform into STC Bank; Launches beta version
Stc pay has moved to the next phase of its transformation journey into STC Bank by launching its beta version.
The fintech company said in...
SAMA Governor & ECB President discuss developments in central banking
Saudi Central Bank (SAMA) Governor Ayman Al-Sayari has received European Central Bank (ECB) President Christine Lagarde at SAMA headquarters in Riyadh.
During the meeting, the...
Saudi Central Bank signs cooperation agreement with MAS
The Saudi Central Bank (SAMA) has signed a cooperation agreement with the Monetary Authority of Singapore (MAS) in the fields of fintech (finance technology)...
SAMA updates its regulatory sandbox framework to bolster fintech innovations
The Saudi Central Bank (SAMA) has updated the Framework of its Regulatory Sandbox in order to strengthen financial technology (Fintech) innovations.
The step was taken...
Saudi Central Bank adds 2 new Fintech firms under its Regulatory...
The Saudi Central Bank (SAMA) has granted permits to two new companies, 'Lean Technologies' and 'Mod5r' to provide open banking solutions, bringing the total...
Saudi-based Arib signs membership agreement with Saudi Credit Bureau
Arib, a Saudi-based digital brokerage platform for loans, has signed a membership agreement with the Saudi Credit Bureau (Simah), marking an exceptional step in...
Tamweel Aloula raises capital to $133.2mn to fuel its expansion plans
Tamweel Aloula, a Saudi Closed Joint Stock Company, has revealed that it will be doubling its capital to $133.2 million, to support the company's...
Saudi Central Bank issues licenses to 3 new fintech companies
The Saudi Central Bank (SAMA) has issued licenses to three new companies specializing in finance and electronic payments, during the Global Entrepreneurship Congress sponsored...
